RE

SRC

B.C. to see resales rise

From page $4

proximately 9% is expected
for 1994 due to private
market units.

According to the report,
Western provinces should
show the best performance
in 1993, with the exception
of Alberta where starts will
be lower following a strong
surge last year. Total starts
are expected to rise 5 to 7%
in Quebec, New Brunswick
and Newfoundland. They
should decline, however, in
Ontario, Nova Scotia and
PEI due to lower construc-
tion of multiple units.

849 CLEME!

During 1994, all provinces
are expected to see higher
home construction activity,
with Ontario and Quebec
recording the largest in-
creases as their manufactur-
ing sectors improve,

Activity on the resale
market will be restrained,
falling by approximately 3%

this year after two strong.

annual advances. The ex-
isting market benefited from
the national homeownership
programs established in
1992.

Although this will remain
favorable, the low level of

Bus: 738-1000
Cell: 649-1839

activity at the beginning of
1993 will pull down the an-
nual total. The outlook for
1994 is positive with an in-
crease of about 5% in ex-
isting home sales.

Average resale prices will
remain fairly stable. The
only province to exceed an
increase of 4% this year will
be British Columbia, where
a strong market will push
the average price up by
more than 10%. For 1994,
expectations are for average
price increases for provinces
to range between zero and
4%,

CHRIS CHUANG

PRICE §
REDUCED}
To
$399,000!

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TERRY MATHERS
_ 230-1498
263-1433

NEW LISTING
OPEN SUN. 2-4 PM

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with a creek running down the east side. Completely

updated 2 bdrm. rancher with hot tub and huge deck.

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DEBBIE
&
PETER
BIRRELL
623-5658
986-9321

DUNDARAVE
APARTMENTS

2 great apartments. Concrete
building. Panoramic ocean & city
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#208 - 2 bdrms., 2 bathrms.

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#112 - 2 bdrms. $219,900
Opén by appointment.

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4-5 bdrm. family home on
this quiet street. Home §
boasts 2 fireplaces, hard-
wood floors. Beautiful sun- %
deck partially covered.
60x120 lot offering trees, §
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blocks to school. Location 8
— location — location.

: 2015 Hyannis

DEEP COVE - STARTER
EXCLUSIVE LISTING

Country cottage nestled in the
heart of Deep Cove. Breathtaking
§0x120 lot compiete with small
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greenbelt. 2 blocks to school and
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10212 KINLOCH LANE